It appears as though we had a dead cat bounce and further weakness in the PM sector and perhaps the broad markets may materialize.

Certainly, the elite traders can do their dirty work from the Hamptons while sipping their bubbly from from gold rimmed flutes. However, at the same time our bloodhound has his nose to the ground following the trail. Drills are turning, mosquitos are biting and the core shack is filling up...rusted tin roof and all. The mid-majors and the senior producers will have no choice but to sit up and take notice as the numbers and results roll in over the coming months. Everything between now and then is noise and emotion. I agree with El P and will be ready fill up again if I am so lucky to get another helping of super cheap shares.

Personally, I'm filling my cooler with another few cases of beer and getting ready to to celebrate our Independence. And what could possibly make me feel more secure and patriotic then buying both physical gold and additional rights to more gold at a HUGELY discounted price just because its safely stored in the ground for me at Borden.

-Kingpin